A long-term care premium rate cannot be used before it is filed with TDI and approved by the Texas Commissioner of Insurance. (Texas Insurance Code Section 1651.056(a))

You must notify consumers at least 45 days before their increase takes place, and must offer consumers at least one option to adjust their benefits to help offset the cost of the increase. (Texas Insurance Code Section 1651.056(c); 28 TAC 3.3844(c))

The explanation of the increase should not be false or misleading. (Texas Insurance Code Sections 541.003, 541.051, and 541.052)

The Commissioner can reject an increase that is not proven necessary or does not comply with statutes and TDI rules. (Texas Insurance Code Section 1651.056(b))

You must explain why a rate adjustment was necessary, and the increase must be certified by an actuary credentialed by both the Society of Actuaries and the American Academy of Actuaries. (28 TAC 3.3831(c))